Commercial Sale Details
Offered for sale, is a 16,217 sq. ft. 3-story Class-C building constructed in 1948 and situated on (4) four contiguous parcels totaling 22,037 sq. ft. 37 on-site parking spaces. Zoning is El Monte EMC2* with a Use Code of Store/Office (Mixed Use). The current Conditional Use Permit in place allows for Special Purpose Office, School and Dormitory use. Current use of the first floor is (3) separate spaces for Administrative Offices, School Library, Meeting Rooms, Utility Rooms and Restrooms. The second story, Classrooms, Private Offices, Dormitory, Restrooms, Showers and Dormitory Kitchen/Cafeteria/Lounge area. The third story is Dormitory use with roof-top recreational and utility use. Access provided is ground level entries at front and rear of building, exterior stairway to second and third floor, interior stairway and elevator* to second and third floors. All floors equipped with fire sprinkler system. Potential future use among others include; Special Purpose School/Dormitory, Retail/Office, Senior Care, Medical Services and Special Mixed Use, all of which will require a new Conditional Use Permit. The immediate Locale highlights strong employment and population density, established and on-going new development, multiple senior housing projects, multi-family and new housing projects, all of which are very favorable to the existing and future use of the subject property. A chance to own something very special in a great location!
|Price Per SqFt||$234.32|
|Area||619 - El Monte|
|Number Of Buildings||1|
|Listing Brokerage||Century 21 Adams & Barnes|
|Listing Agent||Brion Costa|
|Listing Agent BRE #||00939864|
Based on information from California Regional Multiple Listing Service, Inc. as of Wednesday, September 5, 2018.
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